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Ethereum CLS Shows Price Will Rebound Above $2,600, Here’s Why

  • The Ethereum price is showing signs of a possible trend reversal as technical indicators like the Continuous Linked Settlement (CLS) suggest a breakout may be on the horizon.
  • Crypto analyst David Perk predicts that Ethereum could reach $2,600 and beyond, based on Ethereum's daily and monthly CLS and liquidity zone.
  • CLS represents 'smart money' across all markets and can potentially anticipate significant price changes and liquidity shifts.
  • Another analyst, Marzell, shares a bullish prediction for Ethereum, citing a breakout from a Falling Wedge pattern and a potential rally to $2,821.

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